News News Latest News for Business Click on a headline to read the full story. 06 Jan 2026Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businessesThe level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced. 06 Jan 2026E-invoicing will be fundamental change for VAT-registered businessesThe mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT). 06 Jan 2026MTD penalties waived for first year of Income TaxSelf assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates. 06 Jan 2026Salary sacrifice changes will impact over three million employeesThe removal of full tax-free salary sacrifice on pensions with a new £2,000 limit will hit over three million employees at 290,000 companies, according to government figures. 06 Jan 2026Spring Statement set for 3 March 2026The Spring Statement has been scheduled for 3 March 2026 by the Chancellor of the Exchequer Rachel Reeves. 06 Jan 2026£725 million UK apprenticeship overhaul targets youth unemploymentA £725 million package of skills reforms to the apprenticeship system with the aim of helping to tackle youth unemployment and drive economic growth, has been announced by the UK government. 06 Jan 2026HMRC offers time to help pay self assessment tax billsHMRC is offering self assessment taxpayers a reminder that help is available to manage their tax bill. 06 Jan 2026Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. Archive NewsClick here to access our full archive
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